Mark Middleditch (Allen & Overy) provides the monthly round-up of tax developments affecting the City
Sara Luder (Slaughter and May) explains why politicians should think carefully about the consequences of proposed tax changes
Andrew Goldstone and Victoria Howarth provide an update, including: the increased transparency of ownership of UK companies; new HMRC guidance on the taxation of damages; a recent decision on reasonable excuse for late returns; and why professionals acting as charity trustees need to be aware of potential conflicts of interest
Mark Middleditch takes over the reins of our popular monthly briefing on developments affecting the City.
Coming on the heels of Perrin, the decision in Ardmore deals with the meaning of UK source interest. Frixos Hatjantonas reviews
Jackie Wheaton answers a query on whether interest has a UK source, reviewing the key issues following Perrin v HMRC
The Upper Tribunal has upheld the FTT’s decision in Greene King. Vimal Tilakapala and David Stainer analyse the impact of the decision.
When does interest arise in the UK or from a UK source? Maryanna Sharrock considers Perrin v HMRC.
The recent decision in Littlewoods Retail confronts the problem of when compound interest is payable on overpaid VAT, while recognising the exceptional nature of that case, writes Michael Conlon QC
Bruno Knadjian, counsel, Hogan Lovells, reports on the new rules on the deduction of acquisition debt in France